Financial
Distress signals
Property profile

301 S Sherman St Richardson, TX 75081

FOR LEASE
Office buildings
Property ID
US82-2947142
33,070 SF 2.88 ac lot Built 1981
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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301 S Sherman St, Richardson, TX 75081 For Lease
$4,588/Mo
301 S Sherman St, Richardson, TX 75081
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Property summary

AI-generated overview

The property is a multi-tenant office complex located off US 75 near Belt Line Road, offering office suites sized approximately 296 to 2,171 square feet. It is supported by onsite ownership and management and includes ample parking configured at about 5 spaces per 1,000 square feet. The site features signage opportunities and is served by a nearby commercial area with restaurants and retail options such as Alamo Drafthouse, Burger Street, and Starbucks.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$1.70M
Assessed land$1.50M
Assessed improvement$197k
Effective rate2.25%

Value estimate

· Sep 2026
$900k
$810k – $990k
AI approach$900k
Submarket $/SF estimate$544k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$2k
Operating expenses−$1k
NOI · 95.55% cap applied$4k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
95.55%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z137
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.5
Electrical Service10.7
Florist9.3

Location

301 S Sherman St Richardson, TX 75081
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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